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Bitcoin Donation Used to Build New Schools, Libraries in South Africa


A generous donation of 1 BTC or one Bitcoin (Approx. $31,832.78,)has helped to build two new schools in Port Elizabeth, South Africa. The donation was given by an anonymous donor who is reported to have “strong roots in South Africa.”

This is according to Built With Bitcoin Foundation, a humanitarian organization backed by Bitcoin and its investors. The foundation uses Bitcoin funding to uplift communities by providing clean water, access to quality education, sustainable farming and other humanitarian causes.

The donation has enabled the construction of a primary school, nursery school, three libraries and three literacy and numeracy centres. It was also used to fund desks, chairs, stationery supplies, and books and hire ten educators from the community to work closely with the 720 students at the schools.

The anonymous donor is said to have worked closely with the director of the foundation, Yusuf Nessary to ensure the project is delivered.

Nessary said, “Many of the children in the schools in Port Elizabeth fall well below the national averages for literacy and numeracy. This project is special because it provides all the structures and tools for the children to succeed.”

The Built with Bitcoin Foundation has built 10 schools(eight in Africa), seven solar projects and several water and farming systems around the world.

Ray Youssef, Executive Director of Built With Bitcoin, said, “Africa has a very special place in our heart as we built our very first school in Rwanda in 2017. Since then, we’ve built schools in Nigeria, Kenya, and El Salvador, serving thousands of students and community members, all through the power of Bitcoin. We are proud to complete our eighth school on the continent in South Africa and continue our mission of bringing education and support to the communities that need it most.”

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Simon W Nderitu

Simon is a tech enthusiast who keeps a close eye on emerging technologies, startups and the general business environment. You will often catch him totally immersed and drooling over Artificial Intelligence, Machine Learning, Virtual Reality, Augmented Reality, IoT and just about any other tech that promises to revolutionize the way we live. Send tips to snderitu@techtrendske.co.ke

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